Stella Dimoko Korkus.com: Former Minister Obanikoro’s N40m Refund Check To EFCC Bounces

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Tuesday, 1 November 2016

Former Minister Obanikoro’s N40m Refund Check To EFCC Bounces

A N40 million check issued to the Economic and Financial Crimes Commission (EFCC) by Former Minister of State for Defense Musiliu Obanikoro has bounced.


Mr. Obanikoro, who returned from the U.S. two weeks ago and surrendered to the anti-corruption agency following one year on the lam, wrote several checks to the EFCC to fulfill his promise to refund part of the N4.7 billion laundered through him and his son to finance the election of Governor Ayo Fayose of Ekiti State in 2014.

Mr. Obanikoro, also a former ambassador to Ghana, admitted to embezzling N800m of the funds and promised to refund all of it. The initial agreement with EFCC investigators was for the former minister to refund N100m as a condition for his bail from custody.

However, two weeks after his detention, Mr. Obanikoro has only succeeded in paying back N24m. He then issued a series of checks to the recovery account of the federal government last week, but EFCC operatives detailed to process the checks discovered that the account to which they were issued had no money.

Mr. Obanikoro blamed the error on politicians and friends who had visited him in detention and promised to deposit money in the accounts.
sahara reporters cullage.


*Why is he banking on promises to refund the monies...his account cannot be red nau


29 comments:

nzube izuu said...

LMAO!

peace maker said...

OK.noted

charitybino said...

This is funny.

Suoebi(Niger delta finest) said...

Hmm at the end na dem go still share the looted funds wetin concern me,am just praying for 2019 to come quickly

HummingBird said...

This kind of news makes me sick..every day we hear about millions, billions still we are where we are.

Monkeynofine said...

Beloved said...

Hei
You see ?

baby blu said...

Dud cheque is a crime on its own......maybe he used the money to find a project/business. He should pay back so he can have peace of mind

Anonymous said...

So he is guilty? Naija jagajaga

Anonymous said...

Mr Obanikoro, ur bank alert suppose dey kpakam and ur cheque no suppose dey bounce lol.

Becky Divine said...

This country ehn..tueh
Stupid looters errwhere,including their grandfather Vuharia

Becky Divine said...

This country ehn..tueh
Stupid looters errwhere,including their grandfather Vuharia

bitchplis (BentOuttaShape) said...

Odaran nla

sisi eko said...

Lmao. What sort of embarrassment is this? How can anyone promise to give u their hard earned money to settle a debt you owe the Nigerian govt, that is if they aren't co looters themselves?? Common sense Mr man. No one will allow you rope them in. Before EFCC will start to trace them too. Lol

Ladi Michael said...

Maybe the cheque hasn't been cleared nau. Lol! Thief pass thief.

Anonymous said...

,

Yemi7up said...

Am sure he is playing games. He can't tell us he has spent all his loot, he should mentioned properties bought with them.

Chidinma Gift said...

Hahahahahahahaahaha na wetin fit them

IJAY said...

Obanikoro bounce cheque is another crime again

Anonymous said...

Bunch of idiots, eating our money

Anonymous said...

http://cashjob.online/?ref=66076

Anonymous said...

http://cashjob.online/?ref=66076

Starjoy said...

He should know that his account is empty before signing cheques.

Ghanaman said...

Na their way!!!

Anonymous said...

Noted

Patty said...

Ok na we don hear

Patty said...

Ye

Anonymous said...

Sisi eko so you don't know his girlfriend in Yoruba movies,she was opening different shops between 2014 till last year. She's fair bleached too n a single mother. She likes afe aiye things.shes one of the lagos babes he's spending money on. She's now proud cus of range Rover n her colleagues expose her cus of envy.decode ooo.

sisi eko said...

Ahahah Iyabo Ojo. No be so?

OK bye

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